Ligent Technologies jumps in Hong Kong debut, outpacing key indices
Shares of Chinese fibre-optic communications equipment maker Ligent Technologies jumped as much as 19.2% to HK$39.3 a share in their Hong Kong debut on Tuesday, after the company raised HK$5.67 billion ($722.70 million) with its share sale. The stock last traded at HK$36.20 a share, up 9.8% from its HK$32.96 offer pric